About Chaicup
Chaicup is a company based in Chennai (India) founded in 2019 by Aafaaq Khan and Vignesh Ramanujam.. Chaicup has raised $644.92 thousand across 5 funding rounds from investors including SiriusOne, Spoonfeed and Vignesh Ramanujam. Chaicup offers products and services including Chai, Coffee, and Bakery Items. Chaicup operates in a competitive market with competitors including Sweet Karam Coffee, Godrej Agrovet, Keventer, Danone and Evolva, among others.
- Headquarter Chennai, India
- Founders Aafaaq Khan, Vignesh Ramanujam
- Stage Minicorn
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Moltress Foods Private Limited
- Date of Incorporation 13 Nov, 2017
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$6.29 K (USD)-86.73as on Mar 31, 2020
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Net Profit
$1.69 K (USD)270.15as on Mar 31, 2020
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EBITDA
$1.77 K (USD)279.57as on Mar 31, 2020
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Total Equity Funding
$644.92 K (USD)
in 5 rounds
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Latest Funding Round
$141.5 K (USD), Seed
Jun 07, 2022
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Investors
SiriusOne
& 2 more
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Employee Count
Employee Count
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Products & Services of Chaicup
Chaicup offers a comprehensive portfolio of products and services, including Chai, Coffee, and Bakery Items. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Traditional Indian tea made with ethical and sustainable ingredients.
Variety of coffee drinks prepared in-house for daily consumption.
Freshly made bakery products using high-quality, ethical sources.
Funding Insights of Chaicup
Chaicup has successfully raised a total of $644.92K across 5 strategic funding rounds. The most recent funding activity was a Seed round of $141.5 thousand completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Seed — $141,495
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First Round
First Round
(24 May 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Seed - Chaicup | Valuation | SiriusOne |
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| Aug, 2021 | Amount | Seed - Chaicup | Valuation | SiriusOne |
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| Nov, 2020 | Amount | Seed - Chaicup | Valuation | Vignesh Ramanujam , Spoonfeed |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Chaicup
Chaicup has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include SiriusOne, Spoonfeed and Vignesh Ramanujam. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment in tech startups focusing on innovation and emerging trends in India.
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Founded Year | Domain | Location | |
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Venture capital firm focused on tech sectors
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Founded Year | Domain | Location | |
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VR
Vignesh Ramanujam |
Angel investor and tech leader, ex-Amazon, focused on Indian startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Chaicup
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Chaicup
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Chaicup Comparisons
Competitors of Chaicup
Chaicup operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sweet Karam Coffee, Godrej Agrovet, Keventer, Danone and Evolva, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Dry snacks and coffee are manufactured and distributed.
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| domain | founded_year | HQ Location |
Diversified crop protection solutions are provided to farmers.
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| domain | founded_year | HQ Location |
Multi-category food and beverage products are provided by Keventer.
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| domain | founded_year | HQ Location |
Health-focused dairy and plant-based food products are offered.
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| domain | founded_year | HQ Location |
Producer of natural and functional ingredients for food, beverage and healthcare products
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| domain | founded_year | HQ Location |
Food and beverage products are branded, with diverse sectors engaged.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Chaicup
When was Chaicup founded?
Chaicup was founded in 2019.
Where is Chaicup located?
Chaicup is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of Chaicup?
Vignesh Ramanujam is the current CEO of Chaicup. They have also founded this company.
Is Chaicup a funded company?
Chaicup is a funded company, having raised a total of $644.92K across 5 funding rounds to date. The company's 1st funding round was a Seed of $53.86K, raised on May 24, 2019.
What is the annual revenue of Chaicup?
Annual revenue of Chaicup is $6.29K as on Mar 31, 2020.
What does Chaicup do?
Chaicup was founded in 2019 in Chennai, India, within the food and beverage sector. A variety of coffee, bakery, and confectionery products is provided to individuals and businesses, including supermarkets, bakeries, offices, and educational institutions. Operations are conducted at the intersection of commerce, content, and community, with distribution focused on regional markets.
Who are the top competitors of Chaicup?
Chaicup's top competitors include Sweet Karam Coffee, Keventer and Godrej Agrovet.
What products or services does Chaicup offer?
Chaicup offers Chai, Coffee, and Bakery Items.
Who are Chaicup's investors?
What is Chaicup's valuation?
The valuation of Chaicup is $5.87M as of Jun 2022.